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digger70

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Posts posted by digger70

  1. 4 hours ago, ThailandRyan said:

    The third variant is now here and in all places found in Narithiwat, which is kind of strange in itself, but then maybe it came in through Malaysia.

     

    https://www.malaymail.com/news/malaysia/2021/05/17/malaysia-detects-seven-more-cases-of-covid-19-variants-first-found-in-south/1974849 

     

    Yes it was found amongst undocumented workers, but where did they come in through the border at exactly, and did they arrive by boat or walk in.  I hope they are checking backwards to see which area of Malaysia it came in through.  Only time I guess before it makes it around to the capital.

    No matter what they try to do they can't seal of the country 100 % there are Always people Sneaking i the country being that on their own accord or with help from Crooked border Staff/ agents/People smugglers 

    as for the mutations they will have to keep Updating the Vaccine otherwise after a Few mutations the vaccine won't do any good no matter what they say now.

  2. 16 hours ago, Brierley said:

    I don't fully understand the detailed calculation but book value doesn't include the value of future interest that would have been earned, had the loan not defaulted. In other words the clock stops accruing interest for accounting and resale purposes at some point. If the bank/lender follows their procedures to the letter, 30 days past due, 60 days past, 90 days past and then into default, the level of accrued defaulted interest is not huge at all.

    Never mind that.The Money owned to the bank is in many cases Higher than the Real Value of the property Because of the Jacked Up Loans that are Higher than they suppose to be.

    The money Borrowed is More then the Value f the property

  3. 4 minutes ago, Sydebolle said:


    You can take it even further. Say, you buy something at one million and get 900'000 mortgaged; the prices drop to half that or even less (take hospitality real estate at the moment in places like Pattaya, Phuket etc.). 

    The bank wants the mortgaged amount back but is unable to get it; depending on their burden of unpaid mortgage contracts they will sell it even at a mortgage loss. 

    I met, more than once, Thais who bought their own property back where the bank had to take a hit. No wonder with this bureaucracy and - in many cases pure ignorance - on the professionalism of assessing/granting a mortgage in the first place. 

    Another beauty is, that private sales of property sometimes sees (pricewise) inflated sales contracts, so the buyer gets 100% or 110% of the actual sales price mortgaged. The bank, sometimes using outsourced "experts", grant the loan - and the trap closes in. 

    All this happened 1998 already once; is it an "encore" lining at the horizon? 

     

    For sure ,It's been happening and it will keep on going with those scruples assessors and expert Loan Granters who get a Cut from each Sale Being Not 100% Legal

    • Like 1
  4. 7 hours ago, RichardColeman said:

    I sure wish Thailand - and all the countries of the world - borrowing for covid would tell us when they borrow it exactly how it will be paid back and what tax rises are coming before they borrowed even more !

    Who are they borrowing from ?  

    Big Daddy China ?Russia?Japan? Who Knows? Countries are borrowing money All the time .Never hear from Who/what Country.

    • Like 1
  5. 2 hours ago, Sydebolle said:


    I bought property at auctions and trust me, they are willing to part at any price as long as their mortgage outstanding is covered. The loser in this case is always the customer who bought the property and got it financed; the latter takes the hit. 
    But then again - you cannot buy cars, houses and God-only-knows-what while using up the entire limits on all the credit cards and then be surprised that all this "wealth" disappears over night while leaving a nasty trail of financial damage and face loss behind ...... we saw all this during the Tomyamkung crisis 24 years ago already  once ........ 

    Yes you said ,it as long as the mortgage outstanding is covered.

    Many times from what I have seen is that the outstanding Mortgage is higher than the Real value of the Property. 

    They will get stuck with it .I wouldn't want to pay more then the real Value .

  6. 6 hours ago, Brierley said:

    Banks are not allowed to sell at a value that is less than the outstanding loan so they will sit on them until they achieve that value. Banks don't want to own property, they want people to make mortgage payments on those properties.

    Well now they will have a problem then hey, getting stuck with overpriced Properties.

    Many times the mortgage owned is Higher than the Property value.

  7. 6 hours ago, webfact said:

    Since the crackdown on this began in July 2018 across the 50 bangkok districts 39 million people have been stopped. 

     

    Some have just been warned though 33 million have been fined a total of 42,627,509 baht in fines. 

    So what's the use if they Don't fine All of the offenders ?

    Same as with every Other Law ,Good for some but Not for Others.  

    A Law is Only good if it's enforced , Just not good Only on Paper . 

  8. 21 hours ago, saakura said:

    "She will not even kiss me unless I have brushed my teeth." That says it all. If you are not bothered to take care of your oral hygeine and armpit odour before kissing and cuddling your wife(or for that matter, at any time), I really pity your wife. No wonder many Thai girls think that farangs shower only once a few days, whereas they shower few times everyday.

    Maybe that's why they call them Dirty Farang.

    Not All  are like that I suppose.

    Mine tells me that I Smell nice and clean,Maybe She's a bit off a wild one and don't mind a bit of Sweet.

    It's helps a lot if one eats the Same food . Tons of garlic ,Chillies ,Onions,Curry's,Smelly Tree leaves , stinky Beans  and what not .   ????

     

    • Haha 1
  9. 9 hours ago, webfact said:

     Thailand reported on Monday a daily record of 9,635 new coronavirus cases, including 6,853 infections among prisoners from jail clusters, as the Southeast Asian country struggles with a third wave of infections.

    Everything is under Control They said,   55555 

    Have they Isolate all the Prisoners and the Screws, I mean No In or Out the Jail ? 

    Yea right , Remember they said that they Know what they are Doing? 

    No no they don't Who Infected the Inmates ? Who went In and out the Jail? 

    Why bother ,something isn't Right in this Country.

    The big wigs hiding  the rest just Trown to the Wolves.   

  10. 14 hours ago, placeholder said:

    I don't know what countries you're referring to, but I've been to the US embassy a few times and it didn't look like anyone was slacking off to me. I did get prompt, polite and consistently intelligent service and assistance from the employees. Same experience with the consulate.Just maybe, they don't have the time  or training to turn themselves into a health clinic.

    maybe, they don't have the time  or training to turn themselves into a health clinic..

    Like they Said they Never applied Health care to their  people not in the country .

     I would say they won't do it now. 

     

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